Fatou Diop

Fatou, who is 35 years old, began trading around eight years ago and she runs a general grocery store. She is married and a mother, and she helps her husband out with the family's daily outgoings. Her day begins at 9 o'clock in the morning and finishes at 8 o'clock in the evening. With this loan, which is her very first loan, she is going to buy goods which she has run out of in her shop, such as oil, sugar, rice and milk. Fatou provides for her own personal needs. Her plan for the future is to have a good capital so she can one day open a shop.

Additional Information

More information about this loan

To reach borrowers who would not normally qualify for loans, UIMCEC has developed partnerships with a number of local organizations created by the poor to promote savings and mutual support. Most members of these organizations take group loans from UIMCEC. Some group members have larger businesses requiring more capital, and therefore receive individual loans. To meet their needs, UIMCEC is offering this loan at a lower interest rate with no material guarantee requirement. By supporting this loan, you are helping poor borrowers access credit at lower interest rates.

About UIMCEC

This loan is administered by UIMCEC, a Kiva Field Partner in Senegal since 2008. UIMCEC is a government-regulated microfinance institution whose mission is to improve the revenue and well-being of families through access to financial services, allowing principally women and young adult micro-entrepreneurs living in rural and semi-rural areas to develop their revenue-generating businesses and supporting them in becoming financially self-sufficient.